UBS Bullish on India’s Clean Energy Stocks: Initiates Coverage on BHEL, Waaree, Suzlon, and Premier Energies – EQ
In Short : UBS has initiated coverage on BHEL, Waaree, Suzlon, and Premier Energies, projecting up to 40% upside potential. The brokerage cites strong policy support, robust growth prospects, and rising demand in the renewable energy and infrastructure sectors. UBS views these companies as key beneficiaries of India’s clean energy transition and anticipates significant investor interest in the coming quarters.
In Detail : UBS has initiated coverage on four prominent Indian companies — BHEL, Waaree, Suzlon, and Premier Energies — signaling strong optimism for their future performance. The global brokerage sees up to 40% upside potential in these stocks, driven by structural growth trends in the clean energy and infrastructure sectors.
The coverage comes amid growing momentum in India’s renewable energy transition, supported by favorable government policies and rising investor interest. UBS believes these companies are well-positioned to capitalize on this transformative phase.
BHEL, a public sector engineering and manufacturing giant, is expected to benefit from its strong presence in power equipment and increasing orders in clean energy infrastructure. UBS sees improved execution and order inflows driving valuation gains.
Waaree, one of India’s leading solar module manufacturers, has been recognized for its fast-growing market share and expanding manufacturing capacity. UBS highlights the company’s alignment with the government’s solar push as a major advantage.
Suzlon, a veteran in the wind energy sector, has shown a sharp turnaround in recent quarters. UBS points to the company’s improving balance sheet and expanding project pipeline as key factors in its bullish outlook.
Premier Energies, an emerging player in solar PV manufacturing, is seen as a potential growth leader. UBS expects strong demand, export opportunities, and capacity expansion to drive future performance for the company.
The brokerage notes that India’s commitment to energy security and decarbonization is creating long-term growth opportunities for domestic manufacturers and solution providers in the renewable space.
UBS’s positive outlook also reflects confidence in the global trend toward clean energy, where Indian companies are increasingly playing a competitive role. The brokerage expects institutional and retail investor interest to rise in these names.
With structural reforms, increasing investments, and technological advancements, these four companies are positioned to benefit significantly in the medium to long term. UBS’s report could serve as a catalyst for renewed focus on India’s clean energy leaders.
